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Ecuador Political News

Read the latest political news out of Ecuador including new and ongoing issues, the political system, and the president of Ecuador Rafael Correa.

July 12, 2021

The 45 Petroecuador gas stations will return to private hands after 8 years of declaration of public utility

Forty-five gas stations owned by Petroecuador (which are located especially in border provinces) will return to private hands, after eight …

July 9, 2021

Investigate alleged destruction of documents in the merger of Petroecuador and Petroamazonas

The Prosecutor’s Office and the Comptroller’s Office are investigating an alleged destruction of documents evidenced in the framework of the …

July 8, 2021

Ecuador president issues decree to open Petroecuador to private investors

Ecuadorian President Guillermo Lasso issued a decree July 7 aimed at opening up state oil company Petroecuador’s assets to private …

July 7, 2021

President Guillermo Lasso returned to Quito after spinal surgery in Miami

The president of Ecuador, Guillermo Lasso , returned to Quito this Friday, July 2, 2021, after undergoing a “medium complexity” …

July 7, 2021

Ecuador: indigenous people demand a reduction in the price of fuel

The indigenous party and various social movements in Ecuador on Monday expressed their rejection of the privatization of state entities, …

July 1, 2021
The Ecuadorian Flag

Ecuador’s economy fell 5.6% in first quarter, central bank says

Ecuador’s economy contracted by 5.6% in the first quarter of 2021 compared with the same period the prior year, the …

June 25, 2021

With an advance of $ 300 million, Vitol Inc. secured $ 922 million of Ecuadorian fuel oil for 30 months

The contract between Petroecuador and Oman Trading International Limited (OTI) represented a good deal for the multinational Vitol Inc., which …

June 22, 2021

Petroecuador announces well drilling campaigns in the Amazon

The Ecuadorian state oil company Petroecuador announced this Sunday that it would carry out drilling campaigns for production wells in various …

June 15, 2021

Ecuador authorizes use of China’s CanSino vaccine against COVID-19

Ecuador said on Tuesday it has approved the use of the COVID-19 vaccine made by China’s CanSino Biologics Inc, part …

June 15, 2021

Guillermo Lasso begins his administration with the highest percentage of acceptance since the return to democracy

Guillermo Lasso , the current president of Ecuador , broke with the stigma that a banker , Catholic and conservative would become president. What’s more, right now he is the …

June 9, 2021

Pablo Luna, former Petroamazonas official, assumes management of state-owned Petroecuador

Gonzalo Maldonado Albán , deputy manager of EP Petroecuador , announced today, June 8, 2021, his departure from the entity, …

June 8, 2021

Ecuador’s Petroecuador awards 2.16 million bbl tender to PetroChina

Ecuador’s state oil company Petroecuador said on Monday that it had awarded a tender to purchase some 2.16 million barrels …